7520 Ardwell Dr
Listing Price
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Nearby Schools
Educational options and performance ratings in the area.
Mary Adams Elementary School
Franklin Central Junior High
Franklin Central High School
Indianapolis, IN Investment Analysis (2026)
Cap Rate: 5.03% · Median Rent: $1,850/mo · Effective Tax: 0.81%
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $2/mo net cash flow with a 6.2% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
- • Favorable cap rate profile (6.2%)
- • Strong rental demand in Indianapolis
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $285,000 | $121 |
| 2000-08-18 | Sold | $99,000 | $42 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,272 | $259,100 |
| 2024 | $2,014.34 | $227,200 |
| 2023 | $2,015.66 | $200,700 |
| 2022 | $1,731.6 | $200,700 |
| 2021 | $1,664.76 | $172,400 |
| 2020 | $1,444 | $165,700 |
| 2019 | $1,341.96 | $143,600 |
| 2018 | $1,256.02 | $133,400 |
| 2017 | $1,313.6 | $121,600 |
| 2016 | $1,309 | $121,600 |
| 2014 | $1,256 | $115,400 |
| 2013 | $1,257 | $106,000 |
| 2012 | $1,257 | $114,900 |
| 2011 | $0 | $113,300 |
| 2010 | $1,295 | $113,300 |
| 2009 | $1,287 | $112,500 |
| 2007 | $0 | $121,400 |
| 2006 | $0 | $117,700 |
| 2005 | $0 | $103,400 |
| 2004 | $0 | $103,400 |
| 2003 | $0 | $103,400 |
| 2002 | $0 | $65,300 |
| 2001 | $0 | $21,770 |
| 2000 | $0 | $21,770 |
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